Vestis Past Earnings Performance
Past criteria checks 3/6
Vestis has been growing earnings at an average annual rate of 19%, while the Commercial Services industry saw earnings growing at 9.4% annually. Revenues have been growing at an average rate of 3.1% per year. Vestis's return on equity is 17.9%, and it has net margins of 5.7%.
Key information
19.0%
Earnings growth rate
17.6%
EPS growth rate
Commercial Services Industry Growth | 9.7% |
Revenue growth rate | 3.1% |
Return on equity | 17.9% |
Net Margin | 5.7% |
Last Earnings Update | 29 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Vestis makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
29 Mar 24 | 2,849 | 161 | 499 | 0 |
29 Dec 23 | 2,843 | 192 | 499 | 0 |
29 Sep 23 | 2,825 | 213 | 493 | 0 |
30 Jun 23 | 2,793 | 142 | 489 | 0 |
31 Mar 23 | 2,763 | 136 | 475 | 0 |
30 Dec 22 | 2,726 | 137 | 480 | 0 |
30 Sep 22 | 2,687 | 142 | 469 | 0 |
01 Oct 21 | 2,457 | 74 | 459 | 0 |
02 Oct 20 | 2,562 | 112 | 438 | 0 |
Quality Earnings: 6TS has a large one-off gain of $37.7M impacting its last 12 months of financial results to 29th March, 2024.
Growing Profit Margin: 6TS's current net profit margins (5.7%) are higher than last year (4.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 6TS's earnings have grown by 19% per year over the past 5 years.
Accelerating Growth: 6TS's earnings growth over the past year (18.3%) is below its 5-year average (19% per year).
Earnings vs Industry: 6TS earnings growth over the past year (18.3%) exceeded the Commercial Services industry 16.8%.
Return on Equity
High ROE: 6TS's Return on Equity (17.9%) is considered low.